Itochu orders world’s first ammonia bunkering vessel
Itochu Corporation has reached an agreement to build the world’s first ammonia bunkering vessel, aiming to operate by September 2027.
The 5,000 cubic meter vessel will be built at Sasaki Shipbuilding, and the onboard ammonia tank plant will be built by Izumi Steel Works. The agreements were signed by Clean Ammonia Bunkering Shipping Pte. Ltd. (CABS), a special-purpose company wholly owned by Itochu.
Additionally, CABS signed a financing agreement with The Hiroshima Bank, to support part of the vessel’s cost. The vessel will be registered under the Singapore flag, with operations based in Singapore.
